Groww Files IPO Papers Via Confidential Filing

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SUMMARY

Groww said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI ICDR Regulations to inform the public that the Company has filed the Pre-filed DRHP with SEBI”

The advertisement also clarified, “The filing of the Pre-filed Draft Red Herring Prospectus shall not necessarily mean that the Company will undertake the initial public offering.”

With this move, Groww joins the likes of Shiprocket, boAt, and PhysicsWallah (PW) in using the confidential pre-filing route

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Groww Files IPO Papers Via Confidential Filing


SUMMARY

Groww said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI ICDR Regulations to inform the public that the Company has filed the Pre-filed DRHP with SEBI”

The advertisement also clarified, “The filing of the Pre-filed Draft Red Herring Prospectus shall not necessarily mean that the Company will undertake the initial public offering.”

With this move, Groww joins the likes of Shiprocket, boAt, and PhysicsWallah (PW) in using the confidential pre-filing route

Investment tech…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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